Marqeta, the first global modern card issuing platform, announced the results today of its new digital banking survey, which found that demand for physical bank branches continues to decline as digital banking platforms offer more seamless access to remote money management tools.

TransferGo, one of the world’s fastest growing money transfer companies, has today announced that it has now completed over five million transactions, with its user base continuing to grow in the thousands each day. To support this rapid growth, the remittance company has made four senior hires from some of the biggest names in the technology and financial services sector like PayPal and Santander and launched its service in four new markets making it available in over 50 countries.  

Ahead of its highly anticipated launch in 2020, new SME banking entrant Recognise has appointed cloud banking provider Mambu. Recognise’s appointment of Mambu and its market leading cloud-native solution, will transform and improve banking service levels by enhanced transparency, communication and speed of transactions for SMEs. 

Fingerprint Cards (Fingerprints™) today launched its Touchless 2.0 platform, combining the convenience of face recognition with the security of iris, to meet demand from smartphone and emerging IoT OEMs. 

The new platform – which can be leveraged independently or as part of a multimodal biometric authentication solution together with fingerprint touch sensors – enables an improved user experience that works indoors or outside, in daylight or in rain. Fingerprints’ touchless solution is beneficial for multiple use cases including mobile devices, payments, automotive and access.

Capitalise.com, the leading business funding platform for accountants, has appointed ex Receipt Bank CRO, Nelson Da Silva, as Chief Revenue Officer. The new hire comes following a period of growth for the company, which closed a £3.5m funding round in February 2019, subsequently doubling its staff headcount, and confirms Capitalise.com’s position as an accounting technology business. 

Alibaba Cloud, the data intelligence backbone of Alibaba Group, and Animal Logic, one of the world’s leading independent creative digital studios, have announced a partnership to meet the growing and demanding requirements of media production. Animal Logic has started backing-up its on-premise production content onto Alibaba Cloud’s world-class computing platform. Through this partnership, the parties hope to drive efficiencies of media production by utilising more cloud computing technologies.

 Finastra today announced the appointment of Mehjabeen Poonawala as its new Head of India. In this new expanded role, Mehjabeen is responsible for driving Finastra’s growth strategy and deepening the company’s partnerships and footprint in India, in addition to her existing roles as Site Lead for Pune and Head of Finastra’s Agile Center of Excellence.

Open Banking Expo is unveiling global digital banking strategist Jim Marous as the keynote speaker at its London Expo on 13^th November 2019.

Jim Marous is an internationally recognised financial industry strategist, co-publisher of The Financial Brand and owner and publisher of the Digital Banking Report. He advises clients on innovation, portfolio growth, customer experience, payments and digital transformation within the financial services industry. Notably, he has previously advised the White House on banking policy.

Target Group, the operational transformation, business process servicing and software provider has announced that Ian Larkin steps down as CEO of the business at the end of the year. After five years at the helm, Ian has led Target through a huge transformation by doubling the business size, broadening its client base and overseeing the change of ownership to Tech Mahindra.

Smartphones are central to our daily lives. We manage our personal and business affairs, watch movies, track our health and, increasingly, make payments. Adoption of mobile payments is rising considerably worldwide, with predictions estimating it’ll be the second most popular way to pay by 2022.

For banks and other issuers, delivering mobile payments is becoming increasingly imperative. There’s a crucial choice to make, though - support the Giant Pays or go it alone.